Saturday, June 12, 2010

Seniors to outnumber children by 2021?

The national statistics agency said seniors would account for between 23 per cent to 25 per cent of the overall population by 2036, nearly double the 13.9 per cent recorded in 2009. As well, the proportion of the population aged 15 to 64 – the traditional work force – would decline from about 70 per cent to 60 per cent.

Big hello, this information is not new, we as a society have known this since the 1960's, David Foot wrote about this in his book "Boom, Bust, Echo".

The issue is that the Baby Boomers rule, and our influence will be felt by society as we age. I suggest that delivery on Pensions and Health Care Reform better be high on the agenda of the political parties or they  will be out in the cold.

Stats Can may be correct that the traditional work force may be reduced, but Boomers will not retire in the numbers that people assume they will. Many of my friends are retired, but are working harder than they did when they were younger. Many are working in a volunteer capacity, many are working at hobbies, many have gone back to work part time and full time.

We, as a group are aware that the government has not done enough to prepare for our aging, and I suspect as the early boomers take stock and the other boomers watch, we will start to demand and get the changes we need to grow and continue to prosper in our Boomer years. Boomers rock the free world!

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